Swell Ventures believes in B2B SaaS. If the business has any kind of a B2B component then we will consider it for our LPs.
I truly believe innovation has, and continues to be, found in B2B. Having been part of B2B companies my entire career (startup to public) I believe I can select the investments who will be winners in the enterprise space.
I believe in recurring revenue, great product and particularly in exceptional founders who are passionate about solving business problems. I like to invest early and take a bet on what no one else can see yet, particularly in industries others may find uninteresting.
I have had numerous exits both personal and from running the SaaS Syndicate with Gil Penchina, and believe we can (still) find great deals in Silicon Valley. I have an extensive and deep network being located here and deep roots in the startup community.
Living in the technology capital of the world gives me access to high quality dealflow that is difficult to replicate anywhere else.
Note that these investments represent absolute risk, and there is a meaningful risk that investors can lose all their money.
There is no guarantee of a "soft landing" or acquisition if things do not go as planned.
In addition, there is no guarantee that, even in a successful company, there will be opportunity for liquidity for the shares represented and an investor should be prepared to have their capital committed for ten years, or more without liquidity.
All my deals will be syndicated through Swell Ventures on AngelList. You can opt out or opt in to any deal. I will give priority to backers who can strategically help the companies I invest in or who can provide significant backing.